How did they even get people to vote yes on this cheap buyout that benefits the chief #$%$ and his #$%$ wife? I think this is also a lie. Ef-Yu china #$%$.
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Then what could we do to get our money back? It is unfair to pay $6.00 for a stock that is worth more than $10.00. JST management must pay the difference. Unfortunately the lawyers are the winners. Is there any better ideas? I voted no. Will wait and see.
Kh- Don't do class actions! I've been part of three and at the end of the day you get 20 bucks for your shares and the lawyers/criminals get all of it. You will not get your money back that way.
What can JST management do if the price of the stock reached over $6.00 before April 17, 2016? Can the JST management offer the $8.00 per share that they proposed before? In any case the stock holders will take JST management to the court to settle the privatization issue. There are more than one law firm interested to commence a class action against the proposed merger. I have retained Levi&Korsinsky to represent me in the class action.
As a potentially hosed shareholder, I refuse to cooperate in my own screwing and will vote NO. WILL NOT BUY ANY MORE CHINESE STOCK: CHINA'S GOAL IS TO STEAL AS MUCH MONEY, INTELLECTUAL PROPERTY AND OPEN OCEAN SPACE AS POSSIBLE AND SAVOR THE FRUITS OF THEIR CRIMES. WHY MAKE IT ANY EASIER FOR THEM?
I also believe it is a good company but it looks like we are stuck! I am down a lot more than I care to admit....foolishly believing it would recover....and it would or will eventually...but management is intent on the purchase and I fear what happens if they are not successful.
Past history suggest that JST management is not in anyway concern with it's shareholders. I've always tried to own well run companies that are undervalued. Usually, this strategy does pay off in the long term. I still believe that JST is a good company, however it is proving to be a bad investment. JST would be a screaming buy, if management cared even a little for it's shareholders.
I don't see much upside from here. I believe it is a good time to move on to other investments. I'll probably vote no to the proposals, however for me it doesn't really matter anymore.
Can we trust management to run the company properly or will they help tank the share price? I am way under water in this stock and would love to see a fair value much higher. Maybe it is time to take the $6 if in danger of falling when the deal fails.
I had enough of JST executive management. The do a great job running the company, however they treat their investors horribly.
Notice the big jump in volume at 10:30, it kinda cool that a small investor can double the volume of a decent size company.
Good luck to everyone.